In the News

ACR News 5.4.18 – JCT’s Bluebook, UBIT Expanded, In-District Meetings

>> Federal: Washington Roundup >> Federal: JCT’s Forthcoming “Bluebook” >> Federal: UBIT Expanded to Include Certain Employee Expenses >> Federal: Universal Charitable Giving Act >> Federal: Meetings with Members of Congress >> Consider This: America’s Disappearing Givers >> Top Reads: Working With Donor-Advised Funds: The Basics Washington Roundup Last week, the Senate Finance Committee held a hearing on the […]

America’s Givers Are Disappearing

Charitable giving in America has never been just for rich people. Throughout our history, Americans of all walks of life have voluntarily given their time and money to help others, support cherished private institutions, and solve problems in their community. Some of the most generous people, proportionate to their income, have been the working poor. […]

Congress Respects Philanthropy

Last year Congress passed a comprehensive tax reform for the first time in more than 30 years. The law includes significant provisions that should buoy income growth and thus charitable giving. And the tax deduction for charitable contributions—unlike many others—was preserved. The bill also repealed the “Pease limitation,” which since 1991 had reduced the value […]

ACR News 4.13.18 – Keeping up with Washington

>> Federal: Washington Roundup >> Federal: Speaker Ryan to Retire >> Federal: Proposed IRS Changes >> Local: State-level SALT Workarounds >> Federal: Universal Charitable Giving Act >> Consider This: Keeping up with Washington >> Top Reads: A Fading Culture of Giving Washington Roundup Last month, lawmakers passed a $1.3 trillion spending package to fund the government through the end […]

ACR News 3.16.18 – Fixes for Glitches?

>> Federal: Washington Roundup >> Federal: Tax Reform Glitches and More Cuts >> Federal: ACR Summit for Leaders >> Consider This: Mistakes Were Made >> Top Reads: Foundations Fan Out on Capitol Hill to Press Their Case on Taxes and Other Worries Washington Roundup Last month, lawmakers passed a short-term funding package in their two-year budget deal […]

2018 ACR Summit for Leaders Wrap-Up

More than 200 foundation representatives and nonprofit leaders attended the 2018 ACR Summit for Leaders on March 13, our annual policy program held as part of United Philanthropy Forum’s Foundations on the Hill. Coming on the heels of the first comprehensive tax reform legislation in over three decades, attendees were anxious to hear from leaders […]

Roundtable Submits Comments to Treasury on Foundation Use Of Donor-Advised Funds

The Philanthropy Roundtable has submitted public comment to the U.S. Department of Treasury detailing how donor-advised funds (DAFs) are a valuable tool for foundations in fulfilling their charitable purpose. The submission comes as Treasury has solicited public feedback on 1) how private foundations use DAFs to support their charitable purposes, and 2) how transfers of […]

ACR News 2.23.18 – More States Considering SALT Workarounds, Continued Support for Universal Charitable Deduction

>> Federal: Washington Roundup >> Federal: Universal Charitable Giving Act >> Local: State-level SALT Workarounds >> Invitation: ACR Summit for Leaders >> Consider This: How About Never? >> Top Reads: Outlook for 2018-19 Charitable Giving Mixed Washington Roundup Earlier this month lawmakers passed a bipartisan budget deal that would lift spending levels for defense and non-defense programs over […]

Federal Appeals Court Upholds New York Law Requiring Nonprofits to Disclose Privacy of Donors

A three-judge panel of the U.S. Court of Appeals for the 2nd Circuit upheld a New York law on February 15 that requires nonprofit organizations to disclose information such as names, addresses and contributions of certain donors. The lawsuit involved both a 501(c)3 charity and a related 501(c)4 social welfare organization. “We find that the […]